Hahahaha.
Yes you take a punt on the 'what ifs' and if they don't pay off then you ask yourself "what ifs are left"?
In AON case...not many.
I was told many years ago to never sell anything if you are down because then your loss becomes real. I quickly realised that if I didn't sell, my paper losses became bigger...and bigger...and bigger, until my real loss became even larger.
I now evaluate my investments regardless of my position. Whether I'm up or down I ask myself, "why am I parking my money here"? If I cant come up with a good reason I sell. After the disappointing announcement from AON, I asked myself whether I should still hold and the 'computer said no'...so I sold and have saved myself many thousands in further losses.
People are too quick to realise a profit and too slow to realise a losses. If you can be disciplined and operate in the opposite perhaps you may do better than the average punter.
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $16.71M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.4¢ | $13.32K | 554.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 500478 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 251245 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 500478 | 0.023 |
1 | 50000 | 0.021 |
1 | 10000 | 0.020 |
1 | 135000 | 0.015 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 251245 | 1 |
0.025 | 338255 | 1 |
0.027 | 200000 | 1 |
0.028 | 100000 | 1 |
0.029 | 50000 | 1 |
Last trade - 15.10pm 18/10/2024 (20 minute delay) ? |
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